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	<title>Comments on: Reality May Be Difficult</title>
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		<title>By: Ellen Sluder</title>
		<link>http://www.planeconversations.com/2009/11/11/reality-may-be-difficult/comment-page-1/#comment-79</link>
		<dc:creator>Ellen Sluder</dc:creator>
		<pubDate>Wed, 11 Nov 2009 18:52:24 +0000</pubDate>
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		<description>Where are my manners? I forgot to add at the top that I found this to be a most interesting and thought provoking post (perhaps obvious by my enthusiastic response). This is one of my favorite industry blogs - thanks for always keeping up the great dialogue!
-Ellen</description>
		<content:encoded><![CDATA[<p>Where are my manners? I forgot to add at the top that I found this to be a most interesting and thought provoking post (perhaps obvious by my enthusiastic response). This is one of my favorite industry blogs &#8211; thanks for always keeping up the great dialogue!<br />
-Ellen</p>
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		<title>By: Ellen Sluder</title>
		<link>http://www.planeconversations.com/2009/11/11/reality-may-be-difficult/comment-page-1/#comment-78</link>
		<dc:creator>Ellen Sluder</dc:creator>
		<pubDate>Wed, 11 Nov 2009 18:49:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.planeconversations.com/?p=964#comment-78</guid>
		<description>During business school, we were taught that there is a grossly overlooked option/solution to every business problem: shut the business down. Sometimes it really can be the best answer, but probably the most emotionally difficult one to make. Especially when you consider the investment of money, sweat, and passion that you&#039;ve put into your operations. (&quot;Sunk costs,&quot; according to economists, shouldn&#039;t be considered when making future looking decisions, however it is impossible to separate from the psychological experiences they evoke). 

In my personal experience, I&#039;ve noticed that people often want to &quot;reinvent&quot; when things go bad. To me, it is a far few who can actually achieve this. These are the folks who have actually been able to previously innovate well beyond the margin and can credibly claim &quot;revolutionizing&quot; whatever industry they were in (generally empty claims by most). 

I propose instead of something as amorphous and potentially risky as &quot;reinvent,&quot; we consider &quot;re-configure&quot;. The aviation charter business is extremely fragmented -- this is why brokers (an arguably inefficient system) can thrive; it&#039;s the best way for a consumer to reach out to disparate parties in one fell swoop. With relatively low barriers to entry, new charter companies rise up - and die out - practically monthly. And without a large force out there with the funds to educate the general population, the knowledge of the advantages of flying private seems to stay with a relatively small group of people. 

Instead of reinventing yourself - which takes time and money, and potentially could require a new staff/set of skills -- why not reconfigure and join forces? Merge with another operation? Imagine what could happen if all charter companies were able to join their marketing budgets together? The buying power would be awesome and the education of the public wouldn&#039;t be far behind. What if we were able to seamlessly work together to provide coast-to-coast, regional coverage without diluting profit with broker fees? 

Now *that* could truly revolutionize an industry.</description>
		<content:encoded><![CDATA[<p>During business school, we were taught that there is a grossly overlooked option/solution to every business problem: shut the business down. Sometimes it really can be the best answer, but probably the most emotionally difficult one to make. Especially when you consider the investment of money, sweat, and passion that you&#8217;ve put into your operations. (&#8220;Sunk costs,&#8221; according to economists, shouldn&#8217;t be considered when making future looking decisions, however it is impossible to separate from the psychological experiences they evoke). </p>
<p>In my personal experience, I&#8217;ve noticed that people often want to &#8220;reinvent&#8221; when things go bad. To me, it is a far few who can actually achieve this. These are the folks who have actually been able to previously innovate well beyond the margin and can credibly claim &#8220;revolutionizing&#8221; whatever industry they were in (generally empty claims by most). </p>
<p>I propose instead of something as amorphous and potentially risky as &#8220;reinvent,&#8221; we consider &#8220;re-configure&#8221;. The aviation charter business is extremely fragmented &#8212; this is why brokers (an arguably inefficient system) can thrive; it&#8217;s the best way for a consumer to reach out to disparate parties in one fell swoop. With relatively low barriers to entry, new charter companies rise up &#8211; and die out &#8211; practically monthly. And without a large force out there with the funds to educate the general population, the knowledge of the advantages of flying private seems to stay with a relatively small group of people. </p>
<p>Instead of reinventing yourself &#8211; which takes time and money, and potentially could require a new staff/set of skills &#8212; why not reconfigure and join forces? Merge with another operation? Imagine what could happen if all charter companies were able to join their marketing budgets together? The buying power would be awesome and the education of the public wouldn&#8217;t be far behind. What if we were able to seamlessly work together to provide coast-to-coast, regional coverage without diluting profit with broker fees? </p>
<p>Now *that* could truly revolutionize an industry.</p>
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		<title>By: uberVU - social comments</title>
		<link>http://www.planeconversations.com/2009/11/11/reality-may-be-difficult/comment-page-1/#comment-77</link>
		<dc:creator>uberVU - social comments</dc:creator>
		<pubDate>Wed, 11 Nov 2009 18:31:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.planeconversations.com/?p=964#comment-77</guid>
		<description>&lt;strong&gt;Social comments and analytics for this post...&lt;/strong&gt;

This post was mentioned on Twitter by AllenatCFM: RT @tweetmeme Reality May Be Difficult &#124; Plane Conversations http://bit.ly/1BuFsV Hard questions about the future of business aviation...</description>
		<content:encoded><![CDATA[<p><strong>Social comments and analytics for this post&#8230;</strong></p>
<p>This post was mentioned on Twitter by AllenatCFM: RT @tweetmeme Reality May Be Difficult | Plane Conversations <a href="http://bit.ly/1BuFsV" rel="nofollow">http://bit.ly/1BuFsV</a> Hard questions about the future of business aviation&#8230;</p>
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